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Trump: We have a false economy - only thing that is strong is artificial stock market
01-13-2017, 07:16 PM #1
Stiggy Member
Posts:410 Threads:37 Joined:Apr 2016
Republican presidential nominee Donald Trump, who has previously accused the Federal Reserve of keeping interest rates low to help President Barack Obama, said on Monday that the U.S. central bank has created a "false economy" and that interest rates should change.

"They're keeping the rates down so that everything else doesn't go down," Trump said in response to a reporter's request to address a potential rate hike by the Federal Reserve in September. "We have a very false economy," he said.

"At some point the rates are going to have to change," Trump, who was campaigning in Ohio on Monday, added. "The only thing that is strong is the artificial stock market," he said.

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Same thing we've all been talking about for a very long time. It's so nice to have a president that lives on the same planet as the rest of us.
01-13-2017, 07:43 PM #2
Adde All in Moderation
Posts:837 Threads:55 Joined:Apr 2012
İmage

He doesn't mince words.
01-13-2017, 08:03 PM #3
Octo Mother Superior
Posts:41,454 Threads:1,585 Joined:Feb 2011
(01-13-2017, 07:43 PM)Adde Wrote:  İmage

He doesn't mince words.

I really appreciate that. He grabbed PC by the pussy

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01-13-2017, 08:04 PM #4
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,234 Threads:1,491 Joined:Feb 2011
(01-13-2017, 07:16 PM)Stiggy Wrote:  Same thing we've all been talking about for a very long time. It's so nice to have a president that lives on the same planet as the rest of us.

Yes, there are no problems on golf planet.

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Not Gumby Show this Post
01-13-2017, 08:56 PM #5
Not Gumby Anonymous Kritter
 
We have an estimated 94 million unemployed and 143 million on Government assistance of one sort or another. Last week the Obama administration once again told us there are only 272 THOUSAND unemployed now.

Be nice to get some Real and Accurate numbers when Trump takes office.

The Sheep will be in Shock !
01-13-2017, 10:33 PM #6
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,234 Threads:1,491 Joined:Feb 2011
Don't I know it, and the ACA made it so hardly anyone works over a few months in the jobs that are available.
The gig economy it created is total bull shit.
Employers hire just long enough not to have to participate in insurance costs.

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ohnobody Show this Post
01-13-2017, 11:18 PM #7
ohnobody Anonymous Kritter
 
If people started making items instead of scabbing off of the castawayas
that society considers violating policies... We could change this downhill spiral that we've been in for the last umpteen years .
hypnotoad.gif
01-14-2017, 01:59 PM #8
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,234 Threads:1,491 Joined:Feb 2011
(01-13-2017, 11:18 PM)ohnobody Wrote:  If people started making items instead of scabbing off of the castawayas
that society considers violating policies... We could change this downhill spiral that we've been in for the last umpteen years .
hypnotoad.gif

Oh that fer sure. Things are about as broken as I've ever seen.

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